Qunar to review non-binding going-private proposal

Qunar has retained Duff & Phelps as its financial advisor and Kirkland & Ellis as its U.S. legal counsel to review the "going private" proposal from Ocean Management.

Chinese OTA Qunar announced on July 7 that the special committee of the company has retained Duff & Phelps as its financial advisor and Kirkland & Ellis as its U.S. legal counsel in connection with its review and evaluation of the previously announced non-binding "going private" proposal from Ocean Management.